The dollar in Iran’s open market surpassed 1,830,000 rials, setting a new record.
Reports from Iran indicate a significant increase in the exchange rate in the open market and a continued decline in the value of the national currency.
According to data from currency rate websites, on Saturday, May 1st, the price of the US dollar in the open market reached over 1,830,000 rials.
This comes just a few days after, on Wednesday, April 28th, the dollar rate was reported to be around 1,710,000 rials, a figure that was previously considered the highest recorded level.
At the same time, the price of the euro has reached about 2,150,000 rials, and the pound has surpassed 2,490,000 rials. Additionally, the price of the Emami coin has increased to 20,700,000 rials.
An analysis of trends shows that the dollar rate fluctuated between 1,500,000 to 1,600,000 rials during the US and Israel’s war with Iran, but after the end of the conflicts, and especially with the start of the US naval blockade and financial restrictions in the Gulf countries, its upward trend has resumed.
